valuation, page-4

I guess I am pretty bullish on the gold price over the next 12 months and beyond... maybe it's wishful thinking, but LHG has been very good to me over the last few yrs and the management changes in the last couple of yrs have been a real plus (and the sp has reflected that). I really cant see them doing this if it was going to cause a extended sp drop. It would be in nobodies interest.

I will be picking up as much as I can at a discount.